NOT LISTED FOR SALE

7 Chestnut St Franklinville, NY 14737

10 Beds
4.5 Baths
6,072 Sq Ft
0.8 Acres

Last Sold September 14, 2023

Last sale price $90,000 $15 Per Sq Ft

8 Days on Market

Highlights

  • 0.8 Acre Lot
  • Wood Flooring
  • Leaded Glass Windows
  • Deck
  • Fenced Yard
  • Woodwork

About This Home

As of September 2023

This incredible opportunity is just one block from up-and-coming downtown Franklinville! With the addition of Empire Cheese coming to the area, this is the perfect time to invest in this property while creating your dream home. The main house features unique characteristics such as high ceilings, stunning woodwork, vintage white tile bathrooms, pocket doors, and a wraparound-covered front porch. With a terracotta roof and a huge yard, complete with a gazebo, this property offers charm and outdoor space. Additionally, a duplex at the back of the property, currently occupied by one tenant, will provide a steady income stream. Take advantage of this fantastic chance to fix up the main house while still generating rental income.

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 06/29/2023

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 06/29/2023

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 292 x 118
  • Fenced Yard

Home Design

  • Stone Foundation
  • Composition Roof

Interior Spaces

  • 6,072 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Leaded Glass Windows
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms

Outdoor Features

  • Deck

Schools

  • Franklinville Elementary School
  • Franklinville Junior-Senior High School

Utilities

  • Multiple Heating Units
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 10
  • Assessor Parcel Number 044001-040-071-0001-010-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • NY Swis Code: Franklinville-Village-044001
  • Total Assessed Value: 96100
  • Foundation Description: Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 292
  • Lot Dimension Front: 118
  • Lot Information: Neighborhood Street
  • Lot Number: 10
  • Nearest Cross Street: Route 16
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 113008.54
  • Ratio Close Price By Sq Ft: 14.82
  • Ratio List Price By Acres: 125439.48
  • Ratio List Price By Sq Ft: 16.45
  • Regional Board Code: Rochester
  • Rent Includes: Water
  • Roof Description: Composition
  • School Tax: 2544
  • Sub Board Code: Chautauqua-Cattaraugus
  • Type of Residence: 1 Lot - Multi Structures, 3 Unit
  • Type of Sale: Normal
  • Village: Franklinville-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 34690
  • Age of Building: 112
  • Year Built: 1911
  • Above Grade Finished Sq Ft: 6072
  • Directions To Property: From Route 16, turn onto Chestnut Street, the property is on the right
  • Sq Ft Total Pub: 6072
  • Attribution Contact: 716-378-7039
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1911

Interior Features

  • Full Bathrooms: 4
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Leaded Glass - some, Natural Woodwork - some
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 10
  • Total Sq Ft: 6072

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Deck, Fully Fenced Yard, High Speed Internet
  • Number of Acres: 0.7964

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water, Wall Furnace
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Franklinville
  • Elementary School: Franklinville Elementary
  • High School: Franklinville Junior-Senior High

Lot Info

  • Parcel Number: 044001-040-071-0001-010-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 6963

MLS Schools

  • Elementary School Name: Franklinville Elementary
  • High School Name: Franklinville Junior-Senior High
  • School District Name: Franklinville

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $90,000 -9.9% $15 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $99,900 +162.9% $16 / Sq Ft
04/10/2019 04/10/19 Sold $38,000 -2.6% $9 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $39,000 -- $9 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1481265

Chautauqua-Cattaraugus Board of REALTORS®

APN: 044001 40.071-1-10